averaging down is good idea now?

[lotus11]

check this out
http://finance.yahoo.com/news/SEC-p...tml?x=0&sec=topStories&pos=main&asset=&ccode=

So now it's safe to average down? 10% max move for the stock, not bad.

 

[drukes1234]

You either


a) Do not actually trade

b) Do not understand the article and the rules being implemented at all

c) You're mentally challenged

 

[QuikrRetirement]

d) all of the above...

 

[Scataphagos]

Quote from lotus11:

check this out
http://finance.yahoo.com/news/SEC-p...tml?x=0&sec=topStories&pos=main&asset=&ccode=

So now it's safe to average down? 10% max move for the stock, not bad.

"Averaging down"... is good when it's "correct to average down".

It's a guess.

"Do you feel lucky, punk? Well, do you?" -- Dirty Harry

 

[lotus11]

Quote from drukes1234:


b) Do not understand the article and the rules being implemented at all

what does it mean then?

 

[TheMan]

Quote from lotus11:

what does it mean then?

wow

 

[knightrader]

Quote from lotus11:

check this out
http://finance.yahoo.com/news/SEC-p...tml?x=0&sec=topStories&pos=main&asset=&ccode=

So now it's safe to average down? 10% max move for the stock, not bad.

And your plan for when it drops some more the next day is.....?

 

[drukes1234]

I'm not going to explain it to you, just DON'T do it... this rule is far worse for averaging down than the rules that are currently in place.